An excellent penalty! (4)

I believe the answer is:

fine

This clue is a double definition.

'an excellent' is the first definition.
(I've seen this before)

'penalty' is the second definition.
(a financial penalty)

(Other definitions for fine that I've seen before include "Very good; penalty" , "Penalty; exalted; brandy" , "Fair - penalty" , "Satisfactory" , "Dry and sunny" .)

I've seen this clue in the Sydney Morning Herald.

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